MANAGEMENT Rosa Rios Valdez, CEO Novemb mber 6, 2018 18 - - PowerPoint PPT Presentation

REVOLVING LOAN FUND MANAGEMENT

Rosa Rios Valdez, CEO Novemb mber 6, 2018 18

ABOUT BCL OF TEXAS

199 990 BCL become a statewide nonprofit business & community lender 28 28 Years of Building Strong Communities 6,000 000+ Jobs created $14 148M Annual payroll impact

Certified Development Corporation (CDC) licensed by the US small business

administration (SBA) since 1990

Certified Development Financial Institution (CDFI) U.S. Treasury 2000, Statewide 2016 Texas Licensed Mortgage and Consumer Lender (November 2014) Most product diverse minority led CDFI in Texas (Self-Certified April 2018) Non-profit economic development organization committed to improving the lives of

Texans

Full cycle lender providing TA for the life of the loan Intermediary and Partner to banks & other lenders

Busines ness Mortga gag e Consum um er er Commun muni ty Facili ilities ties

Build d Stron

• ng

g Communiti ti es es

A leader in lending, the Mission of BCL of Texas is to Build Strong Communities

BCL Loan Products

CAPITAL SOURCES

DEPLOY MENT

2014-2018

$6 $62. 2.1 1 Million

deployed

$608 $608 Million

Mortgages

14,320 loan

customers in 5 years

35,800 individuals

impacted

INNOVATIVE LOAN PRODUCTS

• Divers

ersit ity y Fund nd (for People of Color, LGBT, Veterans) $2,200,000

• Mor
• rtg

tgage age Dow

• wn Payment

ment Assista tanc nce (Forgivable loans) $8,000,000

• Smal

all l Busines iness Disaster er Recovery covery (Zero%, 60 mos) $1,000,000

• Creatives

atives (music, artist, theatre, non-profits) $ 200,000

• Affordab

able le Ho Housing ing Pre-Develo Development pment (multi/single fam) $ 800,000

i le lend nd yo you so mu u so much ch

FULL CYCLE LENDING IS TRANSFORMATI ONAL

WHY important – ensures “borrower ready”, loan repayment and asset building

Customer receives VALUE and BCL receives FEE INCOME

Meet our Loan customers

LOAN FUND MANAGEMENT

• Onboarding – Ventures Software
• Industry Concentrations
• Loan Portfolio Reports – Payment

History

• Quarterly Risk Rating
• Non Accruals ≥90 days ≥120 days
• Impaired Loans
• Loan Modifications
• Legal Action - Judgements
• Liquidation
• Loan Servicing
• UCC renewals
• Recording Deeds of Trust
• Escrow Payments
• Verification current property

insurance

• Verification paid property taxes
• Site inspections
• Business Financial Analysis
• Independent Portfolio Review

STAFFING SUPPORT

16 Certified & Trained Professionals

Credit Building/TA Counselors (3) Homebuyer Educators

(3)

Loan Originations/ Underwriters

(4)

Loan Funding's

(2)

Portfolio Management & Loan Servicing

(4)

PROFESSIONAL CERTIFICATIONS

• Economic Development Finance Professional (EDFP)

National Development Council

• Housing Development Finance Professional (HDFP)

National Development Council

• Commercial & Residential Appraisal Reviews

Independent Bankers of Texas

• Mortgage Underwriting

National Mortgage Banks; Fannie Mae, HUD, USDA

• Loan Risk Rating

National Assoc. Development Companies

• Loan Liquidations

National Assoc. Development Companies

• Financial Capability & Asset Building

NeighborWorks America

• Entrepreneurship

Association of Accredited Small Business Consultants

• Homebuyer Education

NeighborWorks America & HUD

• Business Finance

4 staff with Business Finance Degrees

• Leadership

OFN Fellow, NALCAB Fellow, GAHCC Fellow

• Executive Management

Harvard University

• Power Pipeline

Leadership Texas

WHAT CUSTOMERS AND PARTNERS SAY

A trusted partner, BCL has been An industry leader with the customer improving lives and in lending and creating and resources building communities opportunity in communities that make a for 28 years. difference.

CONTACT US

• Web: bcloftexas.org
• Call us: (888) 718-0180
• Email: rriosval@bcloftexas.org